Inter & Co. Inc. $INTR Holdings Lifted by WIM INVESTMENT MANAGEMENT Ltd

WIM INVESTMENT MANAGEMENT Ltd increased its position in Inter & Co. Inc. (NASDAQ:INTR) by 41.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,386,400 shares of the company’s stock after buying an additional 405,000 shares during the quarter. Inter & Co. Inc. comprises about 3.0% of WIM INVESTMENT MANAGEMENT Ltd’s investment portfolio, making the stock its 10th biggest position. WIM INVESTMENT MANAGEMENT Ltd owned 0.32% of Inter & Co. Inc. worth $11,757,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Geode Capital Management LLC raised its position in shares of Inter & Co. Inc. by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 444,505 shares of the company’s stock worth $3,303,000 after buying an additional 1,303 shares during the period. Creative Planning raised its position in shares of Inter & Co. Inc. by 10.9% in the 2nd quarter. Creative Planning now owns 43,704 shares of the company’s stock worth $325,000 after buying an additional 4,312 shares during the period. Legal & General Group Plc raised its position in shares of Inter & Co. Inc. by 9.5% in the 2nd quarter. Legal & General Group Plc now owns 107,453 shares of the company’s stock worth $799,000 after buying an additional 9,328 shares during the period. Dark Forest Capital Management LP raised its position in shares of Inter & Co. Inc. by 74.2% in the 3rd quarter. Dark Forest Capital Management LP now owns 26,918 shares of the company’s stock worth $248,000 after buying an additional 11,465 shares during the period. Finally, Mariner LLC raised its position in shares of Inter & Co. Inc. by 6.7% in the 3rd quarter. Mariner LLC now owns 199,649 shares of the company’s stock worth $1,843,000 after buying an additional 12,481 shares during the period. 22.90% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

INTR has been the topic of several research reports. UBS Group cut their price objective on Inter & Co. Inc. from $11.90 to $10.40 and set a “buy” rating on the stock in a research report on Tuesday. The Goldman Sachs Group cut their price objective on Inter & Co. Inc. from $13.00 to $11.50 and set a “buy” rating on the stock in a research report on Friday, May 8th. Weiss Ratings reissued a “hold (c+)” rating on shares of Inter & Co. Inc. in a research report on Friday, March 27th. Wall Street Zen raised Inter & Co. Inc. from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, JPMorgan Chase & Co. cut their price objective on Inter & Co. Inc. from $11.00 to $9.00 and set an “overweight” rating on the stock in a research report on Tuesday. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Inter & Co. Inc. currently has an average rating of “Moderate Buy” and an average price target of $10.23.

Inter & Co. Inc. Stock Down 4.1%

Shares of NASDAQ INTR opened at $6.14 on Thursday. Inter & Co. Inc. has a 1 year low of $5.91 and a 1 year high of $10.36. The firm has a market cap of $2.71 billion, a price-to-earnings ratio of 10.23, a PEG ratio of 0.27 and a beta of 1.02. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.91 and a current ratio of 0.91. The stock’s 50-day simple moving average is $7.92 and its 200-day simple moving average is $8.53.

Inter & Co. Inc. (NASDAQ:INTR) last announced its earnings results on Thursday, May 7th. The company reported $0.17 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.17. Inter & Co. Inc. had a return on equity of 14.34% and a net margin of 12.24%.The business had revenue of $437.96 million for the quarter, compared to analyst estimates of $495.33 million. As a group, equities analysts anticipate that Inter & Co. Inc. will post 0.76 earnings per share for the current fiscal year.

Inter & Co. Inc. Profile

Inter & Co, Inc Is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Banking, Securities, Insurance Brokerage, Marketplace, Asset Management, Service, and Other. The Banking segment offers checking accounts cards, deposits, loans and advances, and other services through mobile application. The Securities segment is involved in the acquisition, sale and custody of securities, the structuring and distribution of securities in the capital market, and the provision of administration services to investment funds.